3 possible bitcoin scenarios
Its unlikely to runaway to the upside being this overbought. So scenario 1 we have a dip to a new uptrendline and resume bull move. Scenario 2 we dip and backtest the breakout and it holds. Scenario 3 we backtest breakout a fall to new lows. I think scenario 2 is most likely with that being said in any scenario it is not an objective time to buy you want to buy at strong support like one of the trend-lines or 8000 is a strong support level for a bounce.
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